Contemporary Business Economics | My Assignment Tutor

Module code and title:BM533: Contemporary Business EconomicsModule leader:Naveed ShahAssignment No. and type:Coursework – CWAssessment weighting:100%Submission time and date:Before 2.00 pm, 21st May 2021Target feedback time and date:3 Weeks Assignment taskTASK 1 – 60% (1500 words)Demand and Supply analysis are fundamental to any business thus every business must understand its impact and dynamics. Demand and Supply analysis therefore underlines to some extent the growth and success of most businesses in our society today.Critically analysed the following micro economics concepts with reference to any business of your choice.1.1 Explain the law of Demand, movement along the same demand curve (with the aid of diagram) and changes in demand curve (with the aid of diagram). 30 marks1.2 Explain the law of Supply, movement along the same supply curve (with the aid of diagram) and changes in supply curve (with the aid of diagram). 30 marksTASK 2 – 40% (1000 words)Compare and contrast emerging theories and models in 21st century contemporary economics with those of the 20th century, and relate both of these to modern business practices. 30 marksGeneral coherence of the assignment, introduction, presentation, conclusion and referencing. 10 marksTOTAL MARKS: 100Assessment Criteria:Task 1.1: 30%Task 1.2: 30%Task 2.0: 30%Structure ……………………………… 10 marksTotal…………………………………….. 100 marksThis assignment has been designed to provide you with an opportunity to demonstrate your achievement of the following module learning outcomes:LO 1Critically evaluate the alternative theories of economics and their implications for business, including traditional economic approaches and also more contemporary approaches relating to behavioural economics.LO 2Critically assess concepts and principles underlining business activity.LO 3Apply the appropriate models and techniques for analysing the environment within which business organisations operate.Task requirementsWritten work must be word-processed and should state the number of total words used at the end. All work to be submitted as Arial 12 font with 1.5-line spacing. All writing should be in the third person passive. All work should be correctly referenced No collaboration is allowed.Referencing and research requirementsPlease reference your work according to the Harvard style as defined in Cite Them Right Online (http://www.citethemrightonline.com). This information is also available in book form: Pears, R. and Shields, G. (2019) Cite them right: the essential reference guide. 11th edn. Basingstoke: Palgrave Macmillan. Copies are available via the University library.How your work will be assessedYour work will be assessed on the extent to which it demonstrates your achievement of the stated learning outcomes for this assignment (see above) and against other key criteria as defined by your programme team.See marking criteria grid provided below for how each element/task of the assessment will be marked and the corresponding weighting of marks for each element/task required. CriteriaWeighting70%60-69%50-59%40-49%FailKnowledge and understandingTask 1 60%in total30%30%Task 2 40% in total10%Excellent demonstration which shows a clear and critical understanding of The Law of Demand, changes in demand curve and the factors relating to it. Excellent use of diagram to illustrate thisExcellent demonstration which shows a clear and critical understanding of The Law of Supply changes in demand curve and the factors relating to it Excellent use of diagram to illustrate thisExcellent display of knowledge of how different macro-economic models have developed over time and their relationship to business and management.Very effective demonstration which shows a very good with some critical understanding of The Law of Demand, changes in demand curve and the factors relating to it. Very good use of diagram to illustrate thisVery good demonstration which shows a very good and some critical understanding of The Law of Supply changes in demand curve and the factors relating to it Excellent use of diagram to illustrate thisVery good display of knowledge of how different macro-economic models have developed over time and their relationship to business and managementGood attempt at showing an understanding of The Law of Demand, changes in demand curve and the factors relating to it. But lacks any attempt at demonstration of critical analysis .Good, if basic use of diagram to illustrate thisGood attempt at showing an understanding of The Law of Supply, changes in demand curve and the factors relating to it. But lacks any attempt at demonstration of critical analysis .Good, if basic use of diagram to illustrate thisGood attempt at some knowledge of how different macro-economic models have developed over time and their relationship to business and managementSome limited attempt at showing an understanding of The Law of Demand, changes in demand curve with very little about the factors relating to it. No attempt at demonstration of critical analysis .Very basic use of diagram to illustrate thisSome limited attempt at showing an understanding of The Law of Supply changes in demand curve with very little about the factors relating to it. No attempt at demonstration of critical analysis .Very basic use of diagram to illustrate thisVery limited display of knowledge of how different macro-economic models have developed over time. Weak attempt at showing their relationship to business and managementNo attempt to show understanding of Law of Demand, or changes in demand curve. Poor or no diagram to support the workNo attempt to show understanding of Law of Demand, or changes in demand curve. Poor or no diagram to support the workNo attempt to show knowledge or understanding of different macro-economic models or how have developed over time. No attempt at showing their relationship to business and managementAnalysisTask 2 15%Detailed and perceptive analysis of current issues and debates in macroeconomics, including within this an excellent understanding of what behavioural economics is.Very good analysis of current issues and debates in macroeconomics, including within this a very good understanding of what behavioural economics is.Good description of current issues and debates in macroeconomics, including within this a very good description of what behavioural economics is.Weak description of some current issues and debates in macroeconomics and of behavioural economicsNo attempt at a description of some current issues and debates in macroeconomics and of behavioural economicsEvaluationTask 2 15%Thorough critical application of the issues raised by debates on current macro-economic theory to the given case studyClear attempt at critical application of the issues raised by debates on current macro-economic theory to the given case studyVery limited attempt at application of some issues raised by current debates on macro-economic theorySome description of some issues raised by current debates on macro-economic theoryNo attempt at describing current debates or issues surrounding macro-economic theory Submission detailsThis assignment must be submitted electronically by 2pm on the submission date To submit electronically you must upload your work to the e-submission area within the Blackboard module concerned. Click Submit> Browse (find the correct file to upload) Upload> Submit You can resubmit your work as many times as you like until the deadline. If you choose to resubmit, your earlier submission will be replaced, and you will NOT receive an Originality Report until 24 hours from when the submission was made. You will receive a digital receipt as proof of submission. This will be sent to your Bucks e-mail address; please keep this for reference. (make sure you have e mail forwarding http://bucks.ac.uk/forward so that you receive this e mail proof) You are reminded of the University’s regulations on cheating and plagiarism. In submitting your assignment, you are acknowledging that you have read and understood these regulations. Anything submitted after the deadline will not be marked. You are reminded that it is your responsibility to keep an electronic copy of your assignment for future reference.You are reminded of the University’s regulations on academic misconduct, which can be viewed on the University website: https://bucks.ac.uk/__data/assets/pdf_file/0024/9546/Academic-Misconduct-Policy.pdf. In submitting your assignment, you are acknowledging that you have read and understood these regulations Please also note that work that is submitted up to 10 working days beyond the submission date will be considered a late submission. Late submissions will be marked and the actual mark recorded, but will be capped at the pass mark (typically 40%), provided that the work is of a passing standard. Work submitted after this period will not be marked and will be treated as a non-submission. Before you submitPlease use the provided checklist below to make sure you are ‘fit to submit’ your work We recommend you use this checklist as soon as you get this assignment brief to help you plan your work1. Read through the assignment brief carefully taking note of key words. 2. Produce both a cover page and a contents list. Ensure pages are numbered. 3. Produce good paragraphs of Introduction and Conclusion. 4. Use short sentences, avoiding jargon and verbosity. 5. All research material should be referenced to their sources as failure to do so implies plagiarism. 6. DO NOT COPY material from another student, as BOTH assignments will be disqualified. 7. Do not exceed the number of words allowed. 8. Upload assignment onto Turnitin no later than the deadline Fit to Submit: Assignment ChecklistThis brief assignment checklist is designed to help you avoid some of the most common mistakes students make in their coursework. HAVEYOUREADTHE ASSIGNMENT BRIEF? IFNOT,DOITNOW!Inityouwillfinddetails of the assessment task,wordcount,theassessmentcriteriayourworkismarkedagainst,andthe learningoutcomes– thebasisfortheassessmentstrategyin eachmodule.Students often lose marks by forgetting some of the more straightforward elements of their assignments. We recommend that you “tick off” each of the points below as you prepare your work for submission. If you need any help, ask your tutor and / or visit https://bucks.ac.uk/students/academicadvice/assessment-and-examinationTICKHave you read and understood the assessment criteria? Have you metthe learning outcomes? You will lose marks and your work may even be failed if you have not.Have you demonstrated you can think and writecriticallyin the completed work? This means you have supported your arguments/explanations appropriately e.g. using relevant academic sources and you have offered discussion points which extends your own or others’ viewpoints to make reasoned conclusions/judgements.Have you maintained an academictonethroughout your work? Is your work formal, focused, developed and clear?Have you checked that the referencing in your assignment is in line with your programme requirements?Have you proof-read your work and used spellcheck software to check your spelling and grammar?Have you checked the presentation of your work is as specified by your tutor, for example, are font size, colour, style, line spacing and margins as the tutor specified?Have you kept to the word count (or equivalent)? If you are not sure, check with your tutor.Can you confirm that the work submitted is your own and not plagiarised?